News and Information
The super central bank week is coming, and it is the central bank that institutions think will cut interest rates in advance?!
This week's interest rate meeting of five developed world central banks comes ahead of the release of US inflation data that could make or break market hopes for a quick rate cut early next year. Last week's upbeat non-farm payrolls report has already reduced investors' expectations of the Federal Reserve's March...
Without discussing the expected fermentation of interest rate cuts, gold prices fell sharply in 1995, focusing on the US CPI and Federal Reserve resolutions
In the Asian market on Monday (December 11), the US dollar index continued its intraday rebound trend, reporting near 104.10; spot gold fell significantly, and the price of gold fell below $1995/ounce earlier, falling about $10 during the day. "Federal Reserve...
The Federal Reserve's interest rate cut is delayed? Gold prices fell by 1.25% in response! Domestic gold prices rose by 15% this year, or continue to go bull
So far this year, international gold prices have outperformed commodities, bonds and most stock markets. It has performed strongly in a high interest rate environment and exceeded expectations. In the domestic market, the price of gold in Shanghai has risen by 15% this year. As of December 8, the US 1...
Weekly Review: Non-agricultural "bright and blind" dollar rebound ends three consecutive weekly declines, gold prices shock nearly $150 a week, and the yen flies out of the "black swan"
This week saw a frenzy in the market. Gold rose sharply at the beginning of the week to set a record high, but quickly fell back to more than $150. After a series of data in the United States showed signs of cooling in the labor market, the bright eyes of non-farmers broke all this. In addition, the Bank of Japan "flew out" of the dark sky...
Oil and gas prices plunged to June lows, small non-farmers showed weakness in the U.S. labor market, focusing on preliminary data
On Wednesday (December 6), Asian stock markets reflected weakness on Wall Street, while U.S. Treasuries rebounded and stabilized after new data showed a weak labor market, and oil led to a collective plunge in commodity prices. Japanese and Australian stocks opened lower, while Hong Kong's benchmark...
Gold market analysis: US ADP fell short of expectations, gold stopped falling and stabilized
Bank of China (601988) Guangdong Branch Wang Gang said that the number of new jobs added by ADP in the United States was lower than expected for the fourth consecutive month. The data once caused US bond yields to fall, and gold also took this opportunity to slightly stop falling and stabilize at key levels. From the basic...
Three main types of world gold prices
At present, there are three main types of gold prices in the world: market prices, production prices and quasi-official prices. Other types of gold prices are derived from this. First, market prices. Market prices include spot and futures prices. These two prices are both related and...
Gold prices are waiting for small non-farmers in 2020, or a set of super-weak data may be needed to stimulate upward momentum
Wednesday (December 6th) entered the European market, spot gold after the first two days of thrilling, is currently in a narrow range around the 2020 dollar, waiting for this week's key non-farm employment report, before that, the market will be the first to usher in the US ADP...
Gold dips in 2020, watch out for this storm in the United States today
After the crazy Monday, Tuesday (December 5) entered the European market, the volatility of spot gold declined significantly, and the price of gold was slightly pressured during the day, once approaching 2020 US dollars. The change in the expectation of the Federal Reserve's interest rate cut suppressed the rise in gold prices. The market this week...
The countdown to the European Central Bank's interest rate cut, two heavyweight data may trigger a major market
Isabel Schnabel, a member of the European Central Bank's executive board, said the central bank may not raise borrowing costs again in light of last week's consumer price data. Money markets have increased their interest in faster,...
TD Bank: Federal Reserve may remain hawkish, Bank of Canada will end rate hikes this week
With inflation gradually easing towards target, the Federal Reserve's rate hikes are working as expected, but the Fed cannot let its guard down prematurely and may maintain a hawkish tone. Developments last week support our forecast that the Bank of Canada (BoC) will...
Gold rallied after falling back to test key support, institutions remain bullish at 2200.
Gold prices hit a new high for the second day in a row on Monday (December 4), with spot prices breaking through the 2100 mark and hitting the highest $2144.68/ounce. Although most of the gains were quickly recouped, technical and institutional conditions seemed to be positive.
Gold prices are approaching all-time highs. Keep an eye on these key data this week!
Last Friday (December 1), November's record close was not enough for gold investors, as strong momentum had pushed prices to record highs by the end of the week. Powell's efforts to suppress expectations of a rate cut backfired, with spot gold approaching...
Will ultra-low interest rates return? Bank of England research says global interest rates will fall to lows again
The Bank of England is also getting into the fray as economists debate the outlook for future interest rates. Its latest research says that in the long term, global interest rates could fall back to pre-epidemic lows. Bank of England analysts believe that productivity gains are sluggish and...
The cooling of the core PCE in the United States in October increased the Federal Reserve's bets on cutting interest rates in advance, and gold fell sharply by $5 in the short term
Inflation continued to cool in October. The latest data released on Thursday (Nov 30) showed that the personal consumption expenditure (PCE) index rose 3% year-on-year for the month, down from 3.4% in September and in line with expectations. Excluding volatile food and...
